United States 7-Year Note Auction up to 2.161% from previous 2.013%

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Dec 30, 2015

USD/JPY: consolidates the bid through 120.50

USD/JPY has been better bid at the end of Asia session overnight and managed to get through the halfway point of the 120 handle. There is a lack of drivers in the holiday season today and no events listed. On that basis, the price is in consolidation and it should remain so until the New Year.

US: Slide in pending home sales is now too persistent to dismiss - Wells Fargo

According to analysts from Wells Fargo, today’s housing report that showed the third decline out of the last four months, is another slide in pending home sales that should not be dismiss.